Legislature(2013 - 2014)SENATE FINANCE 532

04/16/2014 09:00 AM FINANCE


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* first hearing in first committee of referral
+ teleconferenced
= bill was previously heard/scheduled
+= HB 297 HOME ENERGY RATING SYSTEMS TELECONFERENCED
Moved SCS CSHB 297(FIN) Out of Committee
+= HB 293 LICENSE PLATES TELECONFERENCED
Moved CSHB 293(STA) Out of Committee
+= HB 263 EXTEND SENIOR BENEFITS PAYMENT PROGRAM TELECONFERENCED
Moved SCS CSHB 263(FIN) Out of Committee
+= HCR 15 TASK FORCE ON UNMANNED AIRCRAFT SYSTEMS TELECONFERENCED
Moved CSHCR 15(FIN) Out of Committee
+= HB 268 BIG BULL MOOSE DERBIES; SNOW TOWN ICE CL. TELECONFERENCED
Moved CSHB 268(FIN) Out of Committee
+ HB 121 COMMERCIAL FISHING & AGRICULTURE BANK TELECONFERENCED
Heard & Held
+ HB 204 SALMON & HERRING PRODUCT DEV'T TAX CREDIT TELECONFERENCED
Heard & Held
+ HB 379 OIL & GAS PROPERTY TAX TELECONFERENCED
Heard & Held
+ HB 308 ALASKA SECURITIES ACT EXEMPTIONS TELECONFERENCED
Scheduled But Not Heard
+ HB 361 LICENSING OF BEHAVIOR ANALYSTS TELECONFERENCED
Scheduled But Not Heard
+ HB 160 LICENSING OF ATHLETIC TRAINERS TELECONFERENCED
Scheduled But Not Heard
+ HB 116 PERS CREDIT FOR MILITARY SERVICE TELECONFERENCED
Scheduled But Not Heard
+= SB 48 PERS CONTRIBUTIONS BY MUNICIPALITIES TELECONFERENCED
Scheduled But Not Heard
+ Bills Previously Heard/Scheduled TELECONFERENCED
                 SENATE FINANCE COMMITTEE                                                                                       
                      April 16, 2014                                                                                            
                         9:09 a.m.                                                                                              
                                                                                                                                
                                                                                                                                
9:09:16 AM                                                                                                                    
                                                                                                                                
CALL TO ORDER                                                                                                                 
                                                                                                                                
Vice-Chair  Fairclough called  the Senate  Finance Committee                                                                    
meeting to order at 9:09 a.m.                                                                                                   
                                                                                                                                
MEMBERS PRESENT                                                                                                               
                                                                                                                                
Senator Pete Kelly, Co-Chair                                                                                                    
Senator Kevin Meyer, Co-Chair                                                                                                   
Senator Anna Fairclough, Vice-Chair                                                                                             
Senator Click Bishop                                                                                                            
Senator Mike Dunleavy                                                                                                           
Senator Lyman Hoffman                                                                                                           
Senator Donny Olson                                                                                                             
                                                                                                                                
MEMBERS ABSENT                                                                                                                
                                                                                                                                
None                                                                                                                            
                                                                                                                                
ALSO PRESENT                                                                                                                  
                                                                                                                                
Dirk  Craft,  Staff,  Representative Lance  Pruitt;  Senator                                                                    
Bert   Stedman;  Representative   Peggy  Wilson;   Christine                                                                    
Marasigan,  Staff,  Senator   Kevin  Meyer;  Cecile  Elliot,                                                                    
Staff, Senator  Mike Hawker; Ron Kreher,  Director, Division                                                                    
of  Public  Assistance,  Department  of  Health  and  Social                                                                    
Services;  Ginger  Blaisdell, Staff  Representative  Shelley                                                                    
Hughes; Representative Eric  Feige; Michael Paschall, Staff,                                                                    
Representative   Eric  Feige;   Lela  Klingert,   President,                                                                    
Commercial  Fishing Agriculture  Bank, Juneau;  Astrid Rose,                                                                    
Staff  Representative  Alan Austerman;  Representative  Alan                                                                    
Austerman;  Vince  O'Shea, Vice-President,  Pacific  Seafood                                                                    
Processors  Association,  Juneau;  Joe  Jacobson,  Director,                                                                    
Division  of Economic  Development, Department  of Commerce,                                                                    
Community and Economic  Development; Representative Benjamin                                                                    
Nageak.                                                                                                                         
                                                                                                                                
PRESENT VIA TELECONFERENCE                                                                                                    
                                                                                                                                
Mark Palmer, President and Chief Executive Officer, Ocean                                                                       
Beauty Seafoods, Seattle; Joe Plesha, Trident Seafoods,                                                                         
Seattle.                                                                                                                        
                                                                                                                                
SUMMARY                                                                                                                       
                                                                                                                                
SB 48     PERS CONTRIBUTIONS BY MUNICIPALITIES                                                                                  
                                                                                                                                
          SB 48 was SCHEDULED but not HEARD.                                                                                    
                                                                                                                                
CSHCR 15(FIN)                                                                                                                   
          TASK FORCE ON UNMANNED AIRCRAFT SYSTEMS                                                                               
                                                                                                                                
          CSHCR 15(FIN)  was REPORTED out of  committee with                                                                    
          a "do  pass" recommendation and with  a previously                                                                    
          published fiscal impact note: FN2(LEG).                                                                               
                                                                                                                                
CSHB 116(L&C)                                                                                                                   
          PERS CREDIT FOR MILITARY SERVICE                                                                                      
                                                                                                                                
          CSHB 116(L&C) was SCHEDULED but not HEARD.                                                                            
                                                                                                                                
CSHB 121(FIN)                                                                                                                   
          COMMERCIAL FISHING & AGRICULTURE BANK                                                                                 
                                                                                                                                
          CSHB 121(FIN) was HEARD and  HELD in committee for                                                                    
          further consideration.                                                                                                
                                                                                                                                
CSHB 160(FIN)                                                                                                                   
          LICENSING OF ATHLETIC TRAINERS                                                                                        
                                                                                                                                
          CSHB 160(FIN) was SCHEDULED but not HEARD.                                                                            
                                                                                                                                
CSHB 204(FIN)                                                                                                                   
         SALMON & HERRING PRODUCT DEV'T TAX CREDIT                                                                              
                                                                                                                                
          CSHB 204(FIN) was HEARD and  HELD in committee for                                                                    
          further consideration.                                                                                                
                                                                                                                                
CSHB 263(HSS)                                                                                                                   
          EXTEND SENIOR BENEFITS PAYMENT PROGRAM                                                                                
                                                                                                                                
          SCSCSHB  263(FIN) was  REPORTED  out of  committee                                                                    
          with  a  "do  pass"   recommendation  and  with  a                                                                    
          previously    published   fiscal    impact   note:                                                                    
          FN1(DHS).                                                                                                             
                                                                                                                                
                                                                                                                                
CSHB 268(FIN)                                                                                                                   
         BIG BULL MOOSE DERBIES; SNOW TOWN ICE CL.                                                                              
                                                                                                                                
          CSHB 268(FIN)  was REPORTED out of  committee with                                                                    
          a  "no  recommendation"   and  with  a  previously                                                                    
          published zero fiscal note: FN2(REV).                                                                                 
                                                                                                                                
CSHB 293(STA)                                                                                                                   
          LICENSE PLATES                                                                                                        
                                                                                                                                
          CSHB 293(STA)  was REPORTED out of  committee with                                                                    
          a "do  pass" recommendation and with  a previously                                                                    
          published fiscal impact note: FN1(ADM).                                                                               
                                                                                                                                
CSHB 297(FIN)                                                                                                                   
          HOME ENERGY RATING SYSTEMS                                                                                            
                                                                                                                                
          SCS CSHB  297(FIN) was  REPORTED out  of committee                                                                    
          with  "no recommendation"  and  with a  previously                                                                    
          published   zero   fiscal   note:   FN1(REV)   and                                                                    
          forthcoming  zero  fiscal  note  from  the  Alaska                                                                    
          Energy Authority.                                                                                                     
                                                                                                                                
HB 308    ALASKA SECURITIES ACT EXEMPTIONS                                                                                      
                                                                                                                                
          HB 308 was SCHEDULED but not HEARD.                                                                                   
                                                                                                                                
HB 361    LICENSING OF BEHAVIOR ANALYSTS                                                                                        
                                                                                                                                
          HB 361 was SCHEDULED but not HEARD.                                                                                   
                                                                                                                                
CSHB 379(FIN)                                                                                                                   
          OIL & GAS PROPERTY TAX                                                                                                
                                                                                                                                
          CSHB 379(FIN) was HEARD and  HELD in committee for                                                                    
          further consideration.                                                                                                
                                                                                                                                
CS FOR HOUSE BILL NO. 297(FIN)                                                                                                
                                                                                                                                
     "An   Act  recognizing   the  Alaska   Housing  Finance                                                                    
     Corporation as  the authorizing agency to  approve home                                                                    
     energy rating systems for the  state; and providing for                                                                    
     an effective date."                                                                                                        
                                                                                                                                
9:10:15 AM                                                                                                                    
                                                                                                                                
Senator  Bishop  MOVED  to   ADOPT  the  proposed  committee                                                                    
substitute  for  HB  279, Work  Draft  28-LS1307\C  (Nauman,                                                                    
4/14/14) as  working document. There being  NO OBJECTION, it                                                                    
was so ordered.                                                                                                                 
                                                                                                                                
9:10:49 AM                                                                                                                    
                                                                                                                                
DIRK  CRAFT, STAFF,  REPRESENTATIVE LANCE  PRUITT, presented                                                                    
the changes in the new CS  found in Section 2 and brought to                                                                    
the  sponsor  by  Senator  Stedman.  He  reported  that  the                                                                    
changes added approval language  from the Power Project Loan                                                                    
Fund for the Alaska Energy  Authority (AEA) to approve loans                                                                    
for the Blue  Lake Hydroelectric Project; he  added that the                                                                    
sponsor was in support of the changes.                                                                                          
                                                                                                                                
Senator Dunleavy inquired about the  intent of the bill. Mr.                                                                    
Craft replied  that the  original purpose of  HB 297  was to                                                                    
recognize the  Alaska Housing Finance Corporation  (AHFC) as                                                                    
the  state's Home  Energy Rating  System (HERS)  authorizing                                                                    
agency for the purpose of  approving HERS use in Alaska. The                                                                    
bill  would help  to protect  the investment  the state  has                                                                    
made by  AHFC in developing  its own rating  system, AkWarm,                                                                    
as well  as the over  $560 million Alaskans invested  in the                                                                    
highly  successful  home  energy rebate  and  weatherization                                                                    
programs. He reported that AkWarm's  system and software had                                                                    
been   in  use   and   continuously   updated  since   1996,                                                                    
specifically  designed  for  Alaska and  recognized  by  the                                                                    
Alaska building,  real estate, and home  loan industries. It                                                                    
was directly tied  to AHFC programs such as  the home energy                                                                    
rebate   and   weatherization    programs,   interest   rate                                                                    
reductions  for  home  loans,  and  Alaska  building  energy                                                                    
efficiency standards.                                                                                                           
                                                                                                                                
Senator Dunleavy noted  the CS having made an  addition to a                                                                    
loan program  and requested an explanation  of that section.                                                                    
Mr. Craft deferred the question to Senator Stedman.                                                                             
                                                                                                                                
Vice-Chair  Fairclough asked  if  it was  a fair  assessment                                                                    
that the title of the bill  allowed for a "hitchhiker" to be                                                                    
easily attached  to it  as it came  before a  committee. Mr.                                                                    
Craft responded in the affirmative.                                                                                             
                                                                                                                                
Vice-Chair Fairclough  noted that two bills  had been rolled                                                                    
into one.                                                                                                                       
                                                                                                                                
9:13:11 AM                                                                                                                    
                                                                                                                                
Senator  Dunleavy  inquired how  the  addition  to the  bill                                                                    
affected the  overall fund  and the  ability to  dedicate or                                                                    
expend funds  to the weatherization  program. Mr.  Craft did                                                                    
not think the new addition would have an impact.                                                                                
                                                                                                                                
                                                                                                                                
SENATOR   BERT  STEDMAN,   explained   that   there  was   a                                                                    
hydroelectric  expansion project  in  progress  in Sitka  in                                                                    
which  a dam  face was  being raised  83 feet.  The dam  was                                                                    
originally constructed  in the late 1950s  to facilitate the                                                                    
construction and the  development of a pulp  mill, which was                                                                    
no  longer in  existence. He  explained that  the electrical                                                                    
demands of  the community  of Sitka were  such that  the dam                                                                    
needed to be raised to  the design height to bank additional                                                                    
water. The penstock  was being redone, a  new powerhouse was                                                                    
being  built, and  the turbines  were being  updated. Things                                                                    
were  more  expensive  than anticipated  and  the  community                                                                    
needed an  additional $40 million  to complete  the project.                                                                    
The  state  historically  had discussed  contributing  a  50                                                                    
percent match for hydro projects.  The state had about $49.5                                                                    
million invested  in the project  at present.  The community                                                                    
was  required  to  supply  the  remainder  of  the  funding,                                                                    
approximately  $40 million.  The legislature  was unable  to                                                                    
make an appropriation of $18.6  million to match the funding                                                                    
of 50 percent  on the hydro project due to  the fiscal shape                                                                    
of the state.  Sitka was looking at  other alternatives, one                                                                    
of  which  was  to  go  to  AEA  to  borrow  the  funds,  if                                                                    
available. Sitka  tried to put a  package together; however,                                                                    
there was  not the  ability to  do a  cash infusion  for the                                                                    
appropriation. By attaching language  to the bill before the                                                                    
committee,  it gave  AEA authorization  to  lend the  funds,                                                                    
however,  there  were no  funds  to  lend. He  reported  the                                                                    
existence  of  another  project   on  the  southern  end  of                                                                    
Southeast  that   might  not  go  forward   due  to  ongoing                                                                    
discussions  with  AEA.  The community  was  in  a  peculiar                                                                    
position,  as legislators  are aware  that Fairbanks  was at                                                                    
$0.23  a kilowatt  hour and  most  community members  heated                                                                    
with oil.  Sitka was  not far behind  Fairbanks in  terms of                                                                    
rates. The  landing authorization,  if executed,  would help                                                                    
with the kilowatt  charges to the customer  and residents of                                                                    
the community.  Senator Stedman had hoped  the project would                                                                    
be  a part  of the  capital budget,  with an  appropriation.                                                                    
However, that did not appear to be happening.                                                                                   
                                                                                                                                
9:17:37 AM                                                                                                                    
                                                                                                                                
Vice-Chair  Fairclough noted  that Senator  Hoffman and  Co-                                                                    
Chair Kelly had joined the committee in progress.                                                                               
                                                                                                                                
Senator Olson noted that the goal  was to reduce the cost of                                                                    
electricity in  Sitka to the  upper teens per  kilowatt hour                                                                    
and inquired what the rates  were currently. Senator Stedman                                                                    
replied that currently the rate  per kilowatt hour (kWh) was                                                                    
$0.12. He anticipated a rate  increase to $0.16 or $0.17 per                                                                    
kWh.  The  community  was  working   on  keeping  the  lower                                                                    
kilowatt  consumption   users'  rates  down   and  balancing                                                                    
efforts with the commercial sector.                                                                                             
                                                                                                                                
Senator   Olson  noted   that  the   project  had   a  local                                                                    
contribution to  it and inquired  if the community  of Sitka                                                                    
was in favor of the  project. Senator Stedman responded that                                                                    
the community was  in full support and that  the project was                                                                    
currently under  construction. He opined that  the community                                                                    
was in a position that it  had to expand its hydro power. It                                                                    
did  not   have  any   other  reasonable   alternatives.  He                                                                    
indicated  that  the  project was  approximately  two-thirds                                                                    
completed.                                                                                                                      
                                                                                                                                
Vice-Chair Fairclough CLOSED public testimony.                                                                                  
                                                                                                                                
9:20:39 AM                                                                                                                    
                                                                                                                                
Vice-Chair  Fairclough discussed  a forthcoming  zero fiscal                                                                    
note from AEA.                                                                                                                  
                                                                                                                                
Senator Bishop  MOVED to REPORT  SCS CSHB  297(FIN), version                                                                    
C, out of committee  with individual recommendations and the                                                                    
accompanying fiscal notes. There  being NO OBJECTION, it was                                                                    
so ordered.                                                                                                                     
                                                                                                                                
SCS CSHB  297(FIN) was  REPORTED out  of committee  with "no                                                                    
recommendation" and with a  previously published zero fiscal                                                                    
note:  FN1(REV) and  forthcoming zero  fiscal note  from the                                                                    
Alaska Energy Authority.                                                                                                        
                                                                                                                                
9:21:51 AM                                                                                                                    
AT EASE                                                                                                                         
                                                                                                                                
9:22:42 AM                                                                                                                    
RECONVENED                                                                                                                      
                                                                                                                                
CS FOR HOUSE BILL NO. 293(STA)                                                                                                
                                                                                                                                
     "An Act relating to  motor vehicle registration plates;                                                                    
     relating   to    special   registration    plates   for                                                                    
     firefighters and  emergency medical  service providers;                                                                    
     and providing for an effective date."                                                                                      
                                                                                                                                
9:23:16 AM                                                                                                                    
                                                                                                                                
REPRESENTATIVE PEGGY WILSON, related  that the bill had been                                                                    
held in committee, due to a potential amendment.                                                                                
                                                                                                                                
Senator  Bishop  MOVED  to  REPORT   CSHB  293(STA)  out  of                                                                    
committee   with   individual    recommendations   and   the                                                                    
accompanying fiscal note.                                                                                                       
                                                                                                                                
Senator  Olson inquired  if there  was a  question regarding                                                                    
the bill that still needed to be discussed.                                                                                     
                                                                                                                                
9:23:53 AM                                                                                                                    
AT EASE                                                                                                                         
                                                                                                                                
9:24:06 AM                                                                                                                    
RECONVENED                                                                                                                      
                                                                                                                                
Vice-Chair Fairclough recalled that  Senator Bishop had been                                                                    
considering an amendment to the bill.                                                                                           
                                                                                                                                
Senator  Bishop explained  that he  had discussed  the issue                                                                    
with  the  sponsor   and  had  decided  not   to  offer  the                                                                    
amendment.                                                                                                                      
                                                                                                                                
Senator  Bishop  MOVED  to  REPORT   CSHB  293(STA)  out  of                                                                    
committee   with   individual    recommendations   and   the                                                                    
accompanying fiscal  note. There being NO  OBJECTION, it was                                                                    
so ordered.                                                                                                                     
                                                                                                                                
CSHB  293(STA) was  REPORTED  out of  committee  with a  "do                                                                    
pass" recommendation and with  a previously published fiscal                                                                    
impact note: FN1(ADM).                                                                                                          
                                                                                                                                
9:24:55 AM                                                                                                                    
AT EASE                                                                                                                         
                                                                                                                                
9:25:48 AM                                                                                                                    
RECONVENED                                                                                                                      
                                                                                                                                
CS FOR HOUSE BILL NO. 263(HSS)                                                                                                
                                                                                                                                
     "An Act extending the Alaska senior benefits payment                                                                       
     program."                                                                                                                  
                                                                                                                                
9:26:06 AM                                                                                                                    
                                                                                                                                
Senator  Bishop  MOVED  to   ADOPT  the  proposed  committee                                                                    
substitute  for HB  263,  Work  Draft 28-LS1256\N  (Mischel,                                                                    
4/15/14) as a working document.                                                                                                 
                                                                                                                                
Vice-Chair   Fairclough   OBJECTED   for  the   purpose   of                                                                    
discussion.                                                                                                                     
                                                                                                                                
CHRISTINE MARASIGAN,  STAFF, SENATOR KEVIN  MEYER, explained                                                                    
that the CS simply changed the  date in Section 1, line 6 to                                                                    
2018, which gave the program a three-year sunset.                                                                               
                                                                                                                                
CECILE ELLIOT,  STAFF, SENATOR  MIKE HAWKER,  commented that                                                                    
the  sponsor  had  introduced  the  bill  in  the  hopes  of                                                                    
protecting the  program for six years.  However, she relayed                                                                    
that he appreciated the committee process and would defer.                                                                      
                                                                                                                                
9:27:46 AM                                                                                                                    
                                                                                                                                
Senator Dunleavy asked  about an increase to  the program in                                                                    
each of the following years.                                                                                                    
                                                                                                                                
RON  KREHER,   DIRECTOR,  DIVISION  OF   PUBLIC  ASSISTANCE,                                                                    
DEPARTMENT  OF HEALTH  AND SOCIAL  SERVICES, explained  that                                                                    
the fiscal  note was  driven by  projected increases  in the                                                                    
service population.                                                                                                             
Vice-Chair  Fairclough WITHDREW  her OBJECTION.  There being                                                                    
NO further OBJECTION, Work Draft  28-LS1256\N was ADOPTED as                                                                    
a working document.                                                                                                             
                                                                                                                                
Vice-Chair  Fairclough  asked  Mr.  Kreher  to  explain  the                                                                    
fiscal note.                                                                                                                    
                                                                                                                                
Mr.  Kreher  responded  that the  division  was  looking  at                                                                    
growth  in the  program  over time.  He  commented that  the                                                                    
aging population  of Alaska was  increasing. There  were six                                                                    
full-time  positions   dedicated  to  the  program   and  no                                                                    
additional  costs outside  of the  operating budget  for the                                                                    
extension. The  actual amount in  the grant line did  not go                                                                    
up at  the same  rate as the  projection in  population. The                                                                    
population projection  was propelled by the  three different                                                                    
funding levels.  The number of people  receiving benefits at                                                                    
the  highest  level, the  mid-level,  and  the lowest  level                                                                    
could fluctuate over time. The  program could not accurately                                                                    
project  at  what level  the  seniors  would come  into  the                                                                    
program. The projections  were a best estimate  based on the                                                                    
current circumstances within the senior population.                                                                             
                                                                                                                                
Senator  Bishop MOVED  to REPORT  SCS CSHB  263(FIN) out  of                                                                    
committee   with   individual    recommendations   and   the                                                                    
accompanying fiscal notes. There  being NO OBJECTION, it was                                                                    
so ordered.                                                                                                                     
                                                                                                                                
SCS CSHB 263(FIN)  was REPORTED out of committee  with a "do                                                                    
pass" recommendation and with  a previously published fiscal                                                                    
impact note: FN1(DHS).                                                                                                          
                                                                                                                                
9:30:21 AM                                                                                                                    
AT EASE                                                                                                                         
                                                                                                                                
9:32:29 AM                                                                                                                    
RECONVENED                                                                                                                      
                                                                                                                                
CS FOR HOUSE CONCURRENT RESOLUTION NO. 15(FIN)                                                                                
                                                                                                                                
     Relating to the Task Force on Unmanned Aircraft                                                                            
     Systems.                                                                                                                   
                                                                                                                                
9:33:14 AM                                                                                                                    
                                                                                                                                
Vice-Chair Fairclough directed  the committee's attention to                                                                    
the fiscal note in the amount of $8,900.                                                                                        
                                                                                                                                
GINGER  BLAISDELL,  STAFF   REPRESENTATIVE  SHELLEY  HUGHES,                                                                    
relayed that most  of the questions from  the committee were                                                                    
answered in  a previous hearing.  She presented a  couple of                                                                    
updates  in  order  for  the  committee  to  understand  how                                                                    
quickly  the industry  was changing.  She continued  stating                                                                    
the  difference between  unmanned  aircraft  and drones  and                                                                    
reported  that the  term, remotely  piloted aircraft  (RPA),                                                                    
was  being   used  internationally.  She  stated   that  the                                                                    
previous  day  Google  purchased Titan  Aerospace,  entering                                                                    
into  the  drone business.  Titan  Aerospace  owned a  drone                                                                    
aircraft  about the  size  of a  Boeing  767 carrying  solar                                                                    
panels to keep  it operating. She reported that  it was able                                                                    
to  remain  in  flight  for two  consecutive  years  without                                                                    
landing.  The intent  of its  use was  to help  project data                                                                    
interaction in places where telephone  cables or other types                                                                    
of data  transfer equipment was  not available. It  was able                                                                    
to deliver  data up to  one gigabyte per second  which would                                                                    
one  day  potentially allow  consumers  to  use cell  phones                                                                    
anywhere in the world.                                                                                                          
                                                                                                                                
Ms. Blaisdell  also mentioned the  use of  hobbyist aircraft                                                                    
as  compared to  commercial  quality  aircraft. The  phantom                                                                    
quad copter  was a small four-rotar  helicopter manufactured                                                                    
in  China and  being sold  through Amazon  at a  rate of  15                                                                    
thousand per  month - an  infiltration of just one  model of                                                                    
unmanned  aircraft into  the marketplace.  The previous  day                                                                    
she  learned   that  someone  she  knew   had  two  unmanned                                                                    
aircrafts  in  their  office.  She   pointed  out  that  the                                                                    
industry  discovered safety  concerns and  responded with  a                                                                    
new software  application for the phantom  quad copters that                                                                    
incorporated no fly zones in  their programming to keep them                                                                    
away from  350 airports.  She opined  that the  industry was                                                                    
taking a  proactive approach to  the new  technology. Again,                                                                    
she emphasized the quickly  changing industry and encouraged                                                                    
the continuation of the task force.                                                                                             
                                                                                                                                
9:35:52 AM                                                                                                                    
                                                                                                                                
Senator Bishop  asked for a  copy of Ms.  Blaisdell's update                                                                    
notes for his office.                                                                                                           
                                                                                                                                
Senator  Bishop  MOVED  to  REPORT   CSHCR  15(FIN)  out  of                                                                    
committee   with   individual    recommendations   and   the                                                                    
accompanying fiscal notes. There  being NO OBJECTION, it was                                                                    
so ordered.                                                                                                                     
                                                                                                                                
CSHCR  15(FIN) was  REPORTED  out of  committee  with a  "do                                                                    
pass" recommendation and with  a previously published fiscal                                                                    
impact note: FN2 (LEG).                                                                                                         
                                                                                                                                
9:36:28 AM                                                                                                                    
AT EASE                                                                                                                         
                                                                                                                                
9:43:39 AM                                                                                                                    
RECONVENED                                                                                                                      
                                                                                                                                
Vice-Chair  Fairclough handed  the  gavel  over to  Co-Chair                                                                    
Meyer.                                                                                                                          
                                                                                                                                
CS FOR HOUSE BILL NO. 268(FIN)                                                                                                
                                                                                                                                
     "An Act relating to big bull moose derbies and the                                                                         
     Snow Town Ice Classic; and relating to permits for                                                                         
     games of chance and contests of skill."                                                                                    
                                                                                                                                
9:44:21 AM                                                                                                                    
                                                                                                                                
Vice-Chair Fairclough  MOVED to REPORT CSHB  268(FIN) out of                                                                    
committee   with   individual    recommendations   and   the                                                                    
accompanying fiscal notes. There  being NO OBJECTION, it was                                                                    
so ordered.                                                                                                                     
                                                                                                                                
CSHB  268(FIN)  was  REPORTED  out  of  committee  with  "no                                                                    
recommendation" and with a  previously published zero fiscal                                                                    
note: FN2(REV).                                                                                                                 
                                                                                                                                
CS FOR HOUSE BILL NO. 121(FIN)                                                                                                
                                                                                                                                
     "An  Act relating  to the  examinations, board,  loans,                                                                    
     and  records  of  the  Alaska  Commercial  Fishing  and                                                                    
     Agriculture  Bank;  and   providing  for  an  effective                                                                    
     date."                                                                                                                     
                                                                                                                                
9:45:02 AM                                                                                                                    
                                                                                                                                
REPRESENTATIVE  ERIC  FEIGE,   stated  that  the  Commercial                                                                    
Fishing and Agriculture  Bank (CFAB) was a  great example of                                                                    
the  government starting  a project  and then  stepping back                                                                    
and allowing it  to succeed in the private  sector. The bank                                                                    
was created 34  years prior by an initial  investment of $32                                                                    
million  from  the  state;  as   required  by  the  creating                                                                    
statutes,  the bank  had repaid  the state's  investment and                                                                    
was  currently a  private entity  owned by  its members.  He                                                                    
explained  that  because  CFAB was  created  under  specific                                                                    
statutes, it was regulated differently  than other banks and                                                                    
credit  unions operating  in Alaska.  The specific  statutes                                                                    
that created CFAB  assured that it continued  to fulfill its                                                                    
original  purpose of  assisting the  commercial fishing  and                                                                    
agriculture industry. The bank's  board of directors desired                                                                    
to improve the  operating ability of the  bank by requesting                                                                    
several changes  in the operating  statues. HB  121 expanded                                                                    
the  types  of loans  the  banks  could give  to  commercial                                                                    
tourism  and natural  resources industries  and removed  the                                                                    
maximum  loan amounts  provided  to borrowers.  HB 121  also                                                                    
expanded the  category of borrowers to  include non-resident                                                                    
owned  businesses   that  were  physically   located  within                                                                    
Alaska,  expanded the  eligibility of  the banks  small loan                                                                    
program,  and gave  the board  the  ability to  set its  own                                                                    
compensation   level.   Finally,   to  provide   CFAB   with                                                                    
additional resources  to capitalize  its ability  to provide                                                                    
loans  to its  members, the  CFAB Board  requested that  the                                                                    
Alaska   Banking  Commission   begin  auditing   the  bank's                                                                    
operations, as was  done with other banks in  the state. The                                                                    
cost of the audits were born by the bank, not the state.                                                                        
                                                                                                                                
9:47:16 AM                                                                                                                    
                                                                                                                                
MICHAEL   PASCHALL,   STAFF,  REPRESENTATIVE   ERIC   FEIGE,                                                                    
reviewed  the  sectional analysis  of  the  bill. Section  1                                                                    
restricted board member requirements  to state residency and                                                                    
to  those   under  Alaska   Statue  39.05.11   which  placed                                                                    
restrictions  on appointments  to board  and commissions  (a                                                                    
provision  added   in  the  House  Finance   Committee).  He                                                                    
continued with  Section 2 which  adjusted the  lending power                                                                    
of the bank  by eliminating the borrowing  limits on certain                                                                    
types of  loans. It also  removed the  residency requirement                                                                    
for  certain types  of capital  loans. If  the facility  was                                                                    
located in  the state  it expanded the  loans. It  also made                                                                    
loans   available  for   certain   tourist  operations   and                                                                    
operations dedicated  to the  development of  or exploration                                                                    
of natural  resources. He reported  that Section  3 required                                                                    
the bank to consider  whether the principles of conservation                                                                    
and sustained yield would limit  the ability to repay a loan                                                                    
when  collateral  would  primarily   be  used  in  a  salmon                                                                    
fishery, a  provision added by the  House Finance Committee.                                                                    
Section  4  added  commercial  agriculture  to  the  current                                                                    
provisions allowing loans to non-members.                                                                                       
                                                                                                                                
Mr. Paschall  continued that Sections  5 and 6  pertained to                                                                    
loans to  non-members changing the dollar  limitation on the                                                                    
loans to non-members from $25  thousand to $50 thousand, and                                                                    
increasing the  debt capital ratio  of loans  to non-members                                                                    
to 25 percent  of the total bank assets.  Section 7 inserted                                                                    
conforming  language  pertaining  to the  bank  examinations                                                                    
added  in Section  9  and  also corrected  a  change in  the                                                                    
language  by Legislative  Legal Services.  He reported  that                                                                    
Section  8 allowed  the  bank  to make  a  list of  eligible                                                                    
members  that could  serve  on the  board  available to  the                                                                    
membership  for election  purposes. Section  9 required  the                                                                    
Department  of Commerce  Community and  Economic Development                                                                    
to examine the bank at least  once every 36 months as it did                                                                    
with  other  banks  in  the state.  Section  10  repealed  a                                                                    
limitation  on the  compensation of  directors currently  in                                                                    
statute,  and  allowed the  board  to  set compensation  for                                                                    
board  members.  Previously  there   was  a  prohibition  on                                                                    
lobbying by  the bank. The  bank requested the  provision be                                                                    
removed in  statute but the  change that would have  done so                                                                    
was  removed from  the bill.  He furthered  that Section  11                                                                    
simply delayed examinations to one  year after the effective                                                                    
date  of the  act  so that  the  bank could  be  sure to  be                                                                    
compliant with  the requirements of the  banking commission.                                                                    
Section 10 made the act effective immediately.                                                                                  
                                                                                                                                
9:50:22 AM                                                                                                                    
                                                                                                                                
Senator Olson inquired what CFAB's  current default rate was                                                                    
compared  to  what  it  was   5,  10,  or  15  years  prior.                                                                    
Representative  Feige was  unsure of  the exact  number, but                                                                    
understood  that it  was relatively  low. He  concluded that                                                                    
the president of CFAB would be able to answer the question.                                                                     
                                                                                                                                
Senator Olson noted  that commercial fishing was  a big part                                                                    
of his  district and stated  that most of the  villages that                                                                    
he  represented  were  along   the  coast.  He  inquired  if                                                                    
different organizations  and fishermen were in  favor of the                                                                    
bill  and  if  anyone  had  voiced a  position  on  it.  Mr.                                                                    
Paschall replied that there had  not been any outside groups                                                                    
that  had expressed  any  direct position  on  the bill.  He                                                                    
explained that the bill only  affected the operation of CFAB                                                                    
and did  not change  any of the  policies that  pertained to                                                                    
loaning  to the  fishing industry,  rather, it  pertained to                                                                    
other industries.                                                                                                               
                                                                                                                                
9:51:49 AM                                                                                                                    
                                                                                                                                
Senator Olson asked  about the inability to  lobby on behalf                                                                    
of the  bank. Mr.  Paschall replied that  when the  bank was                                                                    
created state funds were involved  in its operation. Through                                                                    
the statute that  created the bank, one  of the requirements                                                                    
outlined was  that the bank reimburse  the state. Currently,                                                                    
the state  did not have  an ownership interest in  the bank.                                                                    
The  governor  currently  appointed two  members  to  CFAB's                                                                    
board of directors. The other  members were elected to their                                                                    
seats. All members  had to be members of the  bank. The bank                                                                    
operated  as a  private  for-profit corporation  and had  an                                                                    
interest in  having someone in Juneau  to track legislation.                                                                    
However, she stressed that with  only 10 employees, the bank                                                                    
preferred   to  hire   a  representative,   a  lobbyist   by                                                                    
definition.                                                                                                                     
Senator  Olson  assumed  that other  banks  had  a  lobbyist                                                                    
acting   on    their   behalf.   Mr.    Paschall   responded                                                                    
affirmatively.                                                                                                                  
                                                                                                                                
9:53:18 AM                                                                                                                    
                                                                                                                                
Vice-Chair Fairclough directed  the committee's attention to                                                                    
page  4  of the  bill  and  expressed  a concern  about  the                                                                    
familiarity  of  those  receiving  loans  and  those  making                                                                    
loans. In Section 2, number 15C  at least one of the primary                                                                    
obligors of the loan needed to  be a member of the bank. She                                                                    
asked  for clarification  about membership  requirements and                                                                    
account status in order to borrow.                                                                                              
                                                                                                                                
Mr. Paschall  responded that  the provisions  being expanded                                                                    
in  one  section  of  the  bill  pertaining  to  non-members                                                                    
allowed a  non-member to  receive a limited  loan up  to $50                                                                    
thousand.  All other  loans provided  by  the bank  required                                                                    
that the person obtaining the loan  be a member of the bank.                                                                    
A person  was required  to purchase one  share of  class "A"                                                                    
stock and  pay a fee  equal to  2 percent of  a pre-approved                                                                    
loan amount  ($2500 maximum)  to establish  membership. Once                                                                    
an obligee paid off their loan their membership expired.                                                                        
                                                                                                                                
9:55:05 AM                                                                                                                    
                                                                                                                                
Vice-Chair  Fairclough inquired  what the  catalyst was  for                                                                    
the bill's changes. Representative  Feige responded that the                                                                    
provisions the bill attempted to  change simply expanded the                                                                    
ability to loan  larger amounts of money to  the tourism and                                                                    
natural resources  industries. It  also allowed the  bank to                                                                    
expand  its  ability  to  loan   to  non-residents.  It  was                                                                    
required  that they  have operations  and facilities  within                                                                    
the state, and were members  of the bank. The bill broadened                                                                    
the market  in which CFAB  could lend. He reported  that the                                                                    
"married couple" reference was  part of the original statute                                                                    
language.                                                                                                                       
                                                                                                                                
9:56:45 AM                                                                                                                    
                                                                                                                                
Vice-Chair  Fairclough noted  the new  amended language  and                                                                    
commented  that it  could also  be  referring to  additional                                                                    
statute.  She pointed  to page  6 of  the bill  and recalled                                                                    
that  there had  been  an increased  funding  ratio for  the                                                                    
debt. She wanted  clarification on the ability  to extend to                                                                    
25 percent  of an asset base.  She asked if it  was standard                                                                    
business  practice  because  she   thought  debt  ratio  was                                                                    
supposed to be significantly lower.                                                                                             
                                                                                                                                
Representative  Feige  pointed to  page  5  of the  bill  in                                                                    
Section  4 and  stated that  the section  of law  dealt with                                                                    
loans made to non-members of the bank. The loans to non-                                                                        
members  were originally  restricted to  commercial fishing.                                                                    
The bill  would expand  to commercial agriculture  in remote                                                                    
areas. Section 5 expanded the  maximum loan amount made to a                                                                    
non-member. In  Section 6 the  bank's overall  percentage of                                                                    
capital that  could be loaned  out increased from  8 percent                                                                    
to 25 percent.                                                                                                                  
                                                                                                                                
9:58:46 AM                                                                                                                    
                                                                                                                                
Vice-Chair  Fairclough noted  that  raising  the asset  base                                                                    
from  8 to  25 percent  was  financially risky  and was  not                                                                    
standard business practice. The State  of Alaska looked at 8                                                                    
to 10 percent with its  "AAA" rating. She inquired about why                                                                    
the  large jump  was  being  proposed. Representative  Feige                                                                    
replied that they were referring  to the capital of the bank                                                                    
and  that the  purpose  of  the bank  was  to  loan out  its                                                                    
capital.  The legislation  limited the  amount of  the total                                                                    
capital  that could  be  loaned  to non-members.  Vice-Chair                                                                    
Fairclough iterated her awareness.                                                                                              
                                                                                                                                
9:59:44 AM                                                                                                                    
                                                                                                                                
Senator  Bishop wanted  to know  the definition  of a  state                                                                    
resident.  Mr. Paschall  responded  that  the definition  in                                                                    
statute applied. Senator Bishop  requested that Mr. Paschall                                                                    
provide the statute definition to his office.                                                                                   
                                                                                                                                
Representative  Feige  responded   to  Senator  Fairclough's                                                                    
question regarding  married couples. He referred  to page 1,                                                                    
line 14,  Section 2  of the bill  stating that  the language                                                                    
was part  of the  original statute  and the  amendments were                                                                    
aligned with existing statute.                                                                                                  
                                                                                                                                
Co-Chair  Meyer  inquired  if  the  bill  had  gone  through                                                                    
significant  changes as  it  progressed  through the  house.                                                                    
Representative Feige confirmed that  there had been a number                                                                    
of  amendments adopted  during  the  committee process.  Co-                                                                    
Chair Meyer  asked if  the amendments  were amenable  to the                                                                    
sponsor.   Representative  Feige   signified  that   he  had                                                                    
accepted them as part of the committee process.                                                                                 
                                                                                                                                
10:01:57 AM                                                                                                                   
                                                                                                                                
LELA   KLINGERT,    PRESIDENT,   COMMERCIAL    FISHING   AND                                                                    
AGRICULTURE BANK,  JUNEAU, spoke in  support of HB  121. She                                                                    
relayed  that  CFAB  was  a  privately  owned  and  operated                                                                    
financing  cooperative  that  provided  loans  to  residents                                                                    
involved  in the  commercial fishing,  agricultural tourism,                                                                    
and  resource-based industries  of  Alaska. The  bank was  a                                                                    
product  of legislation  introduced  in the  late 1970s.  At                                                                    
present, it operated as the  sole subject of AS.44.81, which                                                                    
was the  focus of HB 21  before the committee. The  bank was                                                                    
committed and  structured to serve resident  individuals and                                                                    
smaller  companies  in  a  highly  focused  and  specialized                                                                    
manner.  Many  of  its  members   and  borrowers  would  not                                                                    
otherwise  have  access  to loan  funds  in  reasonable  and                                                                    
constructive terms.                                                                                                             
                                                                                                                                
Ms. Klingert  continued to address the  changes requested in                                                                    
HB 21. She pointed out that  the changes sought to provide a                                                                    
level playing field  in CFAB's lending authority  for all of                                                                    
the  industries and  markets that  it served  as well  as to                                                                    
allow CFAB  the same  discretion as other  small businesses.                                                                    
She reported that CFAB did  not oppose any of the amendments                                                                    
made to  HB 121  with the exception  of the  lobbyist issue.                                                                    
She  elaborated  that CFAB  was  100  percent owned  by  its                                                                    
membership allowing CFAB to engage  a lobbyist to assist in,                                                                    
monitor, and deal with issues  that would potentially impact                                                                    
CFAB  without  using  any  state  funds  or  resources.  She                                                                    
reported that  it was the  most cost-effective way  in which                                                                    
to handle  such matters.  She reiterated  that CFAB  and its                                                                    
board of directors supported HB 121.                                                                                            
                                                                                                                                
10:04:11 AM                                                                                                                   
                                                                                                                                
Vice-Chair  Fairclough referred  to page  6, Section  6. She                                                                    
asked  about the  board's reasoning  to  increase the  total                                                                    
ratio of  assets to debt from  8 percent to 25  percent. She                                                                    
further  commented that  the increase  could prove  to be  a                                                                    
higher risk. Ms. Klingert responded  that her concerns would                                                                    
be  raised in  a  traditional banking  model  in which  most                                                                    
banks dealt  with depositors'  money. In  the case  of CFAB,                                                                    
all  of  its capital  was  lent  out. Beyond  capital,  CFAB                                                                    
borrowed  money and  in turn  lent it  out. She  agreed with                                                                    
Senator Fairclough  that the percentage increase  was risky.                                                                    
She  also   reported  that  CFAB  was   created  to  provide                                                                    
financing for industries that were  unable to access funding                                                                    
due to their volatile  business nature, adding another layer                                                                    
of lending  risk. Section  6 allowed CFAB  to make  loans to                                                                    
non-members.  A  requirement of  membership  was  to make  a                                                                    
financial  investment in  the cooperative.  Some individuals                                                                    
in rural  areas could not  afford the mandatory  outlay. The                                                                    
original part of  the statute was included to  allow CFAB to                                                                    
loan up  to $25 thousand  for fishing to  assist individuals                                                                    
who could  not afford  a membership investment.  She pointed                                                                    
out that part of CFAB's mission  was to serve rural parts of                                                                    
Alaska. She  affirmed that CFAB's efforts  to mitigate risks                                                                    
showed in its lending record.                                                                                                   
                                                                                                                                
10:06:39 AM                                                                                                                   
                                                                                                                                
Vice-Chair Fairclough  noted that  CFAB was  almost tripling                                                                    
its risk. She stated that  the change reflected a 17 percent                                                                    
increase.  She furthered  that the  increase  was not  being                                                                    
implemented  with  incremental   steps.  Klingert  responded                                                                    
affirmatively. She indicated  that it would be  a maximum of                                                                    
$5  million   based  on  CFAB's  capital,   currently  which                                                                    
represented  less   than  10  percent  of   its  total  loan                                                                    
portfolio.  She  was  uncertain   of  the  loan  demand  and                                                                    
informed the  committee that although the  legislation would                                                                    
allow for the  increased debt ratio, it  was undetermined if                                                                    
management would lend to the full extent.                                                                                       
                                                                                                                                
Vice-Chair Fairclough  inquired if there had  been unanimous                                                                    
support of the board of  directors in making the proposal to                                                                    
come forward. Ms. Klingert replied in the affirmative.                                                                          
                                                                                                                                
Senator Olson  inquired about Ms. Klingert's  background and                                                                    
expertise  in banking.  Ms. Klingert  relayed  that she  had                                                                    
been in  banking her entire  career. She started out  in the                                                                    
operational side  of banking and  spent a few  years working                                                                    
in lending for the government.  She also worked for a couple                                                                    
of  private institutions.  She informed  the committee  that                                                                    
she had been with CFAB for 26 years.                                                                                            
                                                                                                                                
10:08:28 AM                                                                                                                   
                                                                                                                                
Senator Olson  expressed his concern  about the  increase in                                                                    
risk. He  recounted the  Bank of the  North going  under and                                                                    
how he  was affected personally.  He viewed CFAB's  money as                                                                    
depositors'  money  belonging  to fishing  and  agricultural                                                                    
people  who had  a vested  interest  in the  actions of  the                                                                    
bank.  He asked  whether CFAB  was concerned  about tripling                                                                    
the current  number. Ms. Klingert responded  that there were                                                                    
always concerns and  CFAB was managing a  balance of staying                                                                    
true  to its  mission  of serving  rural  folks and  staying                                                                    
financially  sound. She  reported  that  CFAB's early  years                                                                    
were sketchy, particularly  in the 1980s when  the bank came                                                                    
close  to  failing.  She   expressed  confidence  in  CFAB's                                                                    
mission and its staff in  order to remain financially sound.                                                                    
The bank's history demonstrated  its responsibility which it                                                                    
took very seriously. She agreed  that the proposal was risky                                                                    
and also  presumed that because  of the types  of industries                                                                    
it served  it was  also at  a higher  risk. She  assured the                                                                    
committee  that  the  bank  followed  a  very  sound  credit                                                                    
practice.                                                                                                                       
                                                                                                                                
10:10:22 AM                                                                                                                   
                                                                                                                                
Senator Olson noted that CFAB  had voiced reservations about                                                                    
the lobbying  aspect of the  bill. He asked Ms.  Klingert to                                                                    
elaborate  and  indicated  it was  a  sensitive  issue.  She                                                                    
agreed  that lobbying  was a  delicate issue  but emphasized                                                                    
that  CFAB was  presently  a private  entity. She  continued                                                                    
that the  bank paid  taxes. She  furthered that  even though                                                                    
the bank operated  under state statute the  bank was private                                                                    
and small in numbers. She indicated  that she had a staff of                                                                    
less than  10 people. The  commitment of time  and financial                                                                    
resources made  it very difficult to  sponsor legislation in                                                                    
order  to change  the bank's  business  plan. She  continued                                                                    
that Senator Coghill and Representative  Feige had been very                                                                    
generous  to take  up  the legislation.  The  other item  of                                                                    
concern was  having to travel  with her director  to Juneau,                                                                    
which took him  away from his post for two  or three days at                                                                    
a time. She  wanted to better understand why  there would be                                                                    
objection  for a  private company  to have  the same  rights                                                                    
that  every other  private company  had. She  reiterated the                                                                    
time and  resources that  were dedicated  to the  process of                                                                    
changing the banks' business plan and its inconvenience.                                                                        
                                                                                                                                
Senator Olson liked  the concept of a  lending facility that                                                                    
dealt with  less than conventional people  doing business in                                                                    
volatile markets.  He inquired how many  rural residents the                                                                    
bank dealt with that were  not connected to the road system.                                                                    
Ms. Klingert  provided an approximation of  about 50 percent                                                                    
of  CFAB's membership.  Rural members  included people  from                                                                    
Kenai.                                                                                                                          
                                                                                                                                
Vice-Chair  Fairclough inquired  about the  number of  loans                                                                    
typically  issued in  a year  and CFAB's  default rate.  Ms.                                                                    
Klingert  responded that  CFAB  received an  average of  120                                                                    
applications annually  and made  approximately 60  loans per                                                                    
year.  The  default   rate  fluctuated  from  month-to-month                                                                    
between 2 to 4 percent.                                                                                                         
                                                                                                                                
10:14:25 AM                                                                                                                   
                                                                                                                                
Co-Chair Meyer noted  that CFAB was still  under the state's                                                                    
statutes and  inquired about  the kind  of state  support it                                                                    
received. Ms. Klingert replied  that through the legislative                                                                    
process   it  received   support.  She   mentioned  that   a                                                                    
department  of   the  state  was   one  of   CFAB's  largest                                                                    
competitors   making   things   difficult  at   times.   She                                                                    
appreciated  the help  of banking  and the  examiner to  put                                                                    
forward legislation to reinstate  the examination of CFAB, a                                                                    
provision removed  from statute  in 2003. She  reported that                                                                    
CFAB  worked  very  closely   in  cooperation  with  various                                                                    
agencies such as the  Commercial Fisheries Entry Commission.                                                                    
She acknowledge the state's overall support.                                                                                    
                                                                                                                                
Vice-Chair Fairclough inquired what  kind of assets CFAB was                                                                    
invested in. Ms. Klingert replied  that of its assets CFAB's                                                                    
loans represented  approximately 98  percent of  its assets.                                                                    
She added that CFAB owned its office building in Anchorage.                                                                     
                                                                                                                                
Co-Chair Meyer CLOSED public testimony.                                                                                         
                                                                                                                                
HB  121  was  HEARD  and   HELD  in  committee  for  further                                                                    
consideration.                                                                                                                  
                                                                                                                                
CS FOR SPONSOR SUBSTITUTE FOR HOUSE BILL NO. 204(FIN)                                                                         
                                                                                                                                
     "An Act relating to a product development tax credit                                                                       
     for certain salmon and herring products; and providing                                                                     
     for an effective date."                                                                                                    
                                                                                                                                
10:18:36 AM                                                                                                                   
                                                                                                                                
Vice-Chair Fairclough MOVED to  ADOPT the proposed committee                                                                    
substitute  for HB  204,  Work  Draft 28-LS0463\Y  (Bullard,                                                                    
4/15/14) as  a working  document. There being  NO OBJECTION,                                                                    
it was so ordered.                                                                                                              
                                                                                                                                
10:19:15 AM                                                                                                                   
                                                                                                                                
ASTRID ROSE,  STAFF REPRESENTATIVE ALAN  AUSTERMAN, reported                                                                    
that   the  changes   in  the   committee  substitute   were                                                                    
recommended  by   the  legislative  legal   department.  The                                                                    
department pointed  out additions in  the title as  well the                                                                    
addition of section 9 which fixed uncodified law.                                                                               
                                                                                                                                
10:19:55 AM                                                                                                                   
                                                                                                                                
Vice-Chair  Fairclough   asked  to   hear  more   about  the                                                                    
underlying bill.                                                                                                                
                                                                                                                                
10:20:08 AM                                                                                                                   
                                                                                                                                
REPRESENTATIVE ALAN  AUSTERMAN, provided some history  as to                                                                    
the reason  the bill  was before  the committee.  He relayed                                                                    
that  salmon  tax  credits  had been  in  existence  for  an                                                                    
extended time  and that there  had been  significant changes                                                                    
and  many investments  made in  the State  of Alaska  in the                                                                    
seafood industry as  a result of the credits.  A request was                                                                    
made  regarding foregone  harvests  a few  years  back by  a                                                                    
group  of  fishermen  from  the  Togiak  area  in  Southwest                                                                    
Alaska.  There were  large numbers  of salmon  going up  the                                                                    
rivers  unharvested because  processing  capability was  not                                                                    
available. The  fishermen came forward and  inquired that if                                                                    
the herring  fishery had a  market they  believed processors                                                                    
would  have the  additional  incentive  needed to  encourage                                                                    
them  to provide  processing capacity  for both  herring and                                                                    
salmon   concurrently.   He   continued  that   four   years                                                                    
previously the state  set aside about $300  thousand for the                                                                    
Alaska Seafood  Marketing Institute (ASMI) to  review how to                                                                    
market herring  in a  way it had  not been  marketed before.                                                                    
Herring  had previously  been processed  for either  bait or                                                                    
row with the  remaining carcasses being either  ground up or                                                                    
dumped. The  state thought the  carcasses could  be valuable                                                                    
and  had spent  the past  few  years looking  at the  market                                                                    
which showed  a very  strong desire  for another  protein to                                                                    
enter  the  marketplace.  The U.S.  international  food  aid                                                                    
program  was one  entity that  expressed interest.  The bill                                                                    
would extend the  tax credit and add herring  to the seafood                                                                    
roster.                                                                                                                         
                                                                                                                                
Co-Chair Austerman reported an  additional item contained in                                                                    
the bill  pertaining to byproduct.  He indicated  that there                                                                    
was a  strong desire to see  the waste stream turned  into a                                                                    
usable   product.  Currently,   efforts   were  focused   on                                                                    
producing  a  concentrated protein  in  the  form of  a  dry                                                                    
powder. He pointed  out that over time all  of the fisheries                                                                    
in the State of Alaska  would require 100 percent retention.                                                                    
At present, millions of pounds  of product were being dumped                                                                    
in  the  ocean.  The  product was  not  economically  viable                                                                    
because of either  being too small or the  wrong species. He                                                                    
informed  the  committee  that  Europe  was  moving  in  the                                                                    
direction of  100 percent retention within  the following 10                                                                    
years.  He anticipated  pressure being  placed on  Alaska to                                                                    
follow  suit. He  expressed his  desire for  Alaska to  move                                                                    
forward with  implementing 100  percent retention.  He posed                                                                    
the question about what to  do with byproduct resulting from                                                                    
commercial fishing.  He suggested either product  be brought                                                                    
to shore,  ground, and thrown  back into the ocean,  or made                                                                    
into another product.                                                                                                           
                                                                                                                                
10:24:30 AM                                                                                                                   
                                                                                                                                
Representative Austerman continued to  speak to the bill. He                                                                    
relayed  that  in  the prior  two  years  the  Environmental                                                                    
Protection Agency  (EPA) restricted processors  from dumping                                                                    
anything into  the ocean.  Alternatively, processors  had to                                                                    
take  their  byproduct  to  a bio-dry  plant  to  make  into                                                                    
chicken  feed. He  wanted the  state to  further pursue  the                                                                    
maximum usage of its seafood.                                                                                                   
                                                                                                                                
Vice-Chair  Fairclough wondered  about fishing  tax credits.                                                                    
Specifically, she  asked if the  state was holding  down the                                                                    
price of fish and the  price consumers paid by continuing to                                                                    
offer tax  credits. She understood the  state's efforts were                                                                    
made  to  incentivize, but  expressed  concern  that it  was                                                                    
depressing the price of fish.                                                                                                   
                                                                                                                                
Representative  Austerman thought  that the  committee would                                                                    
hear  more  from  the department,  but  observed  that  fish                                                                    
prices were  being held at  the current level due  to farmed                                                                    
fish   entering  the   global  marketplace.   The  economics                                                                    
associated with farmed  fish were much lower  than with wild                                                                    
fish.  He suggested  that although  it might  be financially                                                                    
prudent for  the State of  Alaska to invest in  the business                                                                    
of  farmed fish,  he believed  it was  important to  protect                                                                    
Alaska's wild stocks.  He was not opposed  to Alaska farming                                                                    
fish and was in favor of  expanding the base for fishing. He                                                                    
believed a closer examination that  would take some time was                                                                    
necessary.                                                                                                                      
                                                                                                                                
10:27:20 AM                                                                                                                   
                                                                                                                                
Vice-Chair  Fairclough mentioned  that over  the last  eight                                                                    
years  in office  she  observed that  credits  had not  been                                                                    
viewed  as  cash.  The  state  offered  specific  industries                                                                    
incentives  to  promote  Alaska's ability  to  compete.  She                                                                    
wanted to  know if  the state was  achieving its  goals with                                                                    
its investments. She referred to  the Carolina's and how the                                                                    
federal   government  subsidized   tobacco  farms   and  the                                                                    
associated  health  costs. She  opined  that  the state  was                                                                    
changing   the  market   conditions  and   depressing  costs                                                                    
resulting in a  change in behavior. She was not  sure if the                                                                    
change was for  the better or for the  worse. She understood                                                                    
that for those  that made money on the issue  the tax credit                                                                    
provided  their  families  economic benefits.  She  wondered                                                                    
whether all  of the  state's tax  credits achieved  what the                                                                    
state  wanted them  to accomplish.  She  suggested that  the                                                                    
Senate Finance Committee take a hard  look at all of the tax                                                                    
credits on the  books, how they were being  utilized, and to                                                                    
what extent they benefit Alaskans.                                                                                              
                                                                                                                                
Co-Chair  Meyer appreciated  Senator Fairclough's  comments.                                                                    
He was under  the impression the state was  going to attempt                                                                    
to limit  some of the tax  credits. He argued that  just the                                                                    
opposite had  happened. He  pointed out  that at  some point                                                                    
the state had  to be concerned about the  revenue being less                                                                    
than the tax credits.                                                                                                           
                                                                                                                                
10:29:26 AM                                                                                                                   
                                                                                                                                
Representative  Austerman  agreed  with  Senator  Meyer  and                                                                    
added that there was a bill  in the House (HB306) that would                                                                    
place all  of the  tax credits  on a  review schedule  and a                                                                    
cost benefit  ratio formula would be  set up and used  as an                                                                    
assessment tool.  He relayed that  the bill had  been passed                                                                    
out  of the  House Finance  Committee and  was currently  in                                                                    
House Rules.  He asserted that if  the bill did not  make it                                                                    
through the House it should  be revised and reintroduced. He                                                                    
restated  that the  state  had  tax credits  in  all of  its                                                                    
industries.                                                                                                                     
                                                                                                                                
Senator Meyer remarked that he had  hoped to see HB 306 come                                                                    
over to the Senate but that time was running short.                                                                             
                                                                                                                                
10:30:52 AM                                                                                                                   
                                                                                                                                
VINCE  O'SHEA,  VICE-PRESIDENT, PACIFIC  SEAFOOD  PROCESSORS                                                                    
ASSOCIATION,   JUNEAU,   indicated    that   five   of   the                                                                    
association's   member   companies    operated   18   salmon                                                                    
processing plants in  Alaska. He spoke in  strong support of                                                                    
HB  204.   He  relayed   that  Pacific   Seafood  Processors                                                                    
Association (PSPA)  had a  letter on  record and  offered to                                                                    
answer any questions from committee members.                                                                                    
                                                                                                                                
Vice-Chair  Fairclough  asked Mr.  O'Shea  to  speak to  the                                                                    
fishery tax. She remarked that it  went up in FY 14 to $27.4                                                                    
million  but was  projected  to  go down  in  FY  15 to  $26                                                                    
million  in  the  spring   forecast.  She  further  inquired                                                                    
whether it  was the actual  pounds of fish being  brought in                                                                    
that  was affecting  the  forecast or  if  it was  something                                                                    
else.                                                                                                                           
                                                                                                                                
Mr. O'Shea  reported that what  processors were paying  in a                                                                    
state landing  tax was a  combination of the volume  of fish                                                                    
being  purchased as  well as  the  price of  the fish.  Both                                                                    
numbers  were  variable. He  had  a  graph that  showed  the                                                                    
increased value  processors were  paying for  Alaska salmon.                                                                    
Processors  were  the price  takers  rather  than the  price                                                                    
makers in the global market.  He pointed out that the change                                                                    
in total revenue  fluctuated depending on how  much fish was                                                                    
in the quota.                                                                                                                   
                                                                                                                                
10:33:43 AM                                                                                                                   
                                                                                                                                
MARK PALMER,  PRESIDENT AND  CHIEF EXECUTIVE  OFFICER, OCEAN                                                                    
BEAUTY SEAFOODS, SEATTLE  (via teleconference), testified in                                                                    
support  of HB  204. He  affirmed the  effectiveness of  the                                                                    
bill and  relayed that upon  examining the price  history of                                                                    
salmon  over the  previous ten  years, prices  had not  been                                                                    
depressed. He reported seeing  grounds price increases year-                                                                    
after-year  to  the  point  that the  value  of  the  salmon                                                                    
harvest had  doubled from the time  the original legislation                                                                    
had been  introduced. He  stressed that  the tax  credit was                                                                    
not a subsidy  of existing markets. The  bill had stimulated                                                                    
market    diversification    through   product    expansion.                                                                    
Processors  had been  over-dependent  on  too few  products,                                                                    
canned and  frozen, headed and gutted  fish. By diversifying                                                                    
its product  mix new  product markets  opened up  around the                                                                    
world. The  tax credits helped to  incentivize processors to                                                                    
create  new products  and reduced  investment risk.  Some of                                                                    
Alaska's seasonal fisheries presented  challenges due to the                                                                    
kind  of investment  required and  the  time constraints  in                                                                    
which investments had to be  made. The tax credits helped to                                                                    
reduce some of  the risk in making  big capital investments,                                                                    
helped to  create jobs, and  provided much more  tax revenue                                                                    
for  communities   and  the   fishing  fleet.   The  current                                                                    
legislation was a continuation of  further investment in the                                                                    
shore-side communities in which  Ocean Beauty Seafoods had a                                                                    
presence.                                                                                                                       
                                                                                                                                
10:36:06 AM                                                                                                                   
                                                                                                                                
JOE PLESHA, TRIDENT  SEAFOODS, SEATTLE (via teleconference),                                                                    
spoke in strong  support of HB 204. He pointed  out that EPA                                                                    
was  considering amending  the existing  effluent limitation                                                                    
guidelines and  requiring screening of all  seafood waste in                                                                    
many  communities  in  Alaska,  the result  of  which  would                                                                    
require  the  production  of  a  fish  meal  or  some  other                                                                    
byproduct with  fish waste. The  bill was important  for the                                                                    
Alaska  salmon industry  to remain  competitive  on a  world                                                                    
market basis.                                                                                                                   
                                                                                                                                
10:37:19 AM                                                                                                                   
                                                                                                                                
JOE  JACOBSON, DIRECTOR,  DIVISION OF  ECONOMIC DEVELOPMENT,                                                                    
DEPARTMENT OF COMMERCE,  COMMUNITY AND ECONOMIC DEVELOPMENT,                                                                    
conveyed that the department was  in support of the bill. He                                                                    
added that  without having the  ability to turn on  a spigot                                                                    
to increase  production, the only  real way to  increase the                                                                    
value  of  the  state's   wild  fisheries  resource  was  to                                                                    
increase the  value of the underlying  product through state                                                                    
programs. He reported improvement  in quality, marketing via                                                                    
ASMI,  and product  diversification.  Twenty  years ago  the                                                                    
industry  was dependent  upon canned  salmon and  headed and                                                                    
gutted product,  largely exported in most  cases. He pointed                                                                    
out  that  one  of  the  reasons fish  prices  had  gone  up                                                                    
dramatically  was  because there  was  a  larger variety  of                                                                    
products appealing to different markets around the world.                                                                       
                                                                                                                                
Mr. Jacobsen relayed  that prior to taking  over his current                                                                    
position he  had been the  international director  for ASMI.                                                                    
In his position he received  feedback from people across the                                                                    
world expressing  their approval of the  diversification and                                                                    
the  quality of  Alaska's  fish product  on  the market.  He                                                                    
continued that over the past  10 years the price to Alaska's                                                                    
fishermen  had  increased  dramatically. Permit  values  had                                                                    
increased resulting  in more community investment.  He added                                                                    
that  there was  also larger  resident participation  in the                                                                    
state's fisheries.                                                                                                              
                                                                                                                                
Mr. Jacobson remarked  that the issuance of  tax credits was                                                                    
one  of three  major components  that supported  fish prices                                                                    
across the state. The bill  was targeted in terms of looking                                                                    
at new  can-sized production. A  tall can of  Sockeye Salmon                                                                    
in  the grocery  store was  currently priced  over $11.  Not                                                                    
only  was the  consumer getting  over a  pound of  fish, too                                                                    
much for the average family,  it was a significant amount of                                                                    
money. By  incentivizing the  reduction of  the can  size it                                                                    
allowed  the state  to maintain  a canned  market where  the                                                                    
state might otherwise  loose it. He furthered  that with the                                                                    
upcoming EPA  effluent limitation guidelines  he anticipated                                                                    
significant expenses  required into  the future. One  of the                                                                    
specific provisions in  the bill before the  committee was a                                                                    
transformation of a waste byproduct  into a salable good. He                                                                    
referred  to Iceland  as an  example of  a country  that had                                                                    
been  able  to  take  many   things  that  would  have  been                                                                    
discarded  in  the  past and  transform  them  into  salable                                                                    
goods, which in  some cases exceeded the value  of the flesh                                                                    
themselves. He  restated the department's support  of HB 204                                                                    
indicating  the help  it provided  to the  fishing industry,                                                                    
the resident  fleet putting more  money in the hands  of the                                                                    
state. He  reported than the  net revenues from  the seafood                                                                    
industries will  return monies back  to the  state. Revenues                                                                    
remained fairly stable.                                                                                                         
                                                                                                                                
10:40:59 AM                                                                                                                   
                                                                                                                                
Senator Dunleavy  inquired if the department  viewed the tax                                                                    
credit as permanent or  transitional. Mr. Jacobson responded                                                                    
that  it  incentivized  the further  transformation  of  the                                                                    
industry but he believed the  state had a significant way to                                                                    
go. He  suggested that the  quality had additional  room for                                                                    
improvement  in terms  of  capturing as  much  value as  was                                                                    
possible. He acknowledged the strides  the state had made in                                                                    
quality  improvement but  also believed  there was  room for                                                                    
growth. He opined that until  the fishing industry reached a                                                                    
plateau   the  tax   credit  would   continue   to  play   a                                                                    
transformational  roll. He  relayed that  a sunset  date was                                                                    
included in the  bill and that the credit  should be treated                                                                    
as a transitional piece.                                                                                                        
                                                                                                                                
10:42:16 AM                                                                                                                   
                                                                                                                                
Senator  Bishop noted  that  he  was not  an  expert in  the                                                                    
seafood  industry but  had a  good working  knowledge having                                                                    
been around it the majority of  his life. He returned to Mr.                                                                    
Jacobson's  comment on  reducing  can sizes  from the  14.75                                                                    
ounces down  to 7.5  ounces. He pointed  out that  not every                                                                    
processor had  the ability  to freeze all  of its  fish. The                                                                    
canned component needed to  remain competitive. He specified                                                                    
that  everybody benefited  from  being able  to utilize  the                                                                    
whole  pack. He  supported getting  7.5 ounce  cans to  stay                                                                    
competitive. He  praised Ocean  Beauty Seafood's  efforts in                                                                    
revitalizing  the fishery  in  Kaltag  with new  technology;                                                                    
both  jobs  and  economic   development  resulted  from  its                                                                    
efforts which benefited rural Alaska.                                                                                           
                                                                                                                                
Mr. Jacobson  followed up by  indicating that the  intent of                                                                    
the  tax  credit  was  to  ensure  that  the  canned  market                                                                    
remained  competitive.  He  estimated  that  95  percent  of                                                                    
canned fish  was packed in  7.5 ounce and 14.75  ounce cans.                                                                    
He  stated that  in some  markets  the 7.5  ounce cans  were                                                                    
considered  too  large and  furthered  that  because of  the                                                                    
current value  of Sockeye  salmon even a  7.5 ounce  can was                                                                    
expensive  for the  average person.  He  stated that  Alaska                                                                    
could maintain  its market share  by reducing the  can size.                                                                    
There was  a variety  of products  with different  can sizes                                                                    
including  3.5 ounce  and 5  ounce  cans. The  bill did  not                                                                    
incentivize producing  the same can sizes  that have already                                                                    
been produced including the 7.5  ounce and 14.75 ounce cans.                                                                    
He  reported  that  the canned  industry  was  an  essential                                                                    
product alternative due to costs.                                                                                               
                                                                                                                                
10:45:19 AM                                                                                                                   
                                                                                                                                
Co-Chair  Meyer   stated  that  he  was   having  difficulty                                                                    
understanding why the  private sector would not  just make a                                                                    
can size  adjustment on its own  without the need for  a tax                                                                    
credit. He added  that it was business and  the free market.                                                                    
Mr.  Jacobson  responded  in agreement  to  Senator  Meyer's                                                                    
comment. He  referred to  a variety of  factors at  play. He                                                                    
noted EPA requirements, the  continued investments in fillet                                                                    
lines and  other value-added  processing. He  also mentioned                                                                    
time and budget limitations. He  alleged that the bill would                                                                    
speed the  transformation and emphasized the  areas in which                                                                    
the   industry  had   identified  as   promising  areas   of                                                                    
expansion.                                                                                                                      
                                                                                                                                
Co-Chair  Meyer  surmised that  EPA  was  involved in  every                                                                    
industry  including   the  mining,  oil,   and  construction                                                                    
industries.                                                                                                                     
                                                                                                                                
Co-Chair Meyer CLOSED public testimony.                                                                                         
                                                                                                                                
HB  204  was  HEARD  and   HELD  in  committee  for  further                                                                    
consideration.                                                                                                                  
                                                                                                                                
CS FOR HOUSE BILL NO. 379(FIN)                                                                                                
                                                                                                                                
     "An Act relating to the limitation on the value of                                                                         
     property taxable by a municipality; and providing for                                                                      
     an effective date."                                                                                                        
                                                                                                                                
10:47:17 AM                                                                                                                   
                                                                                                                                
REPRESENTATIVE BENJAMIN NAGEAK, presented  HB 379 and stated                                                                    
that  HB 379  sought to  make  a legislative  change to  the                                                                    
formula  on  how  a  municipality  might  use  oil  and  gas                                                                    
property tax revenue.  The bill, which he  and Senator Olson                                                                    
championed, gave municipalities with  oil and gas properties                                                                    
the  flexibility  to use  the  revenue  for their  operating                                                                    
budget. The bill was clear-cut  but there was a long history                                                                    
in  the law's  origin. He  provided a  recap of  history. He                                                                    
reported that the oil and  gas property tax laws were passed                                                                    
in 1973;  a cap was  written into  state law about  how much                                                                    
property  tax   revenue  could  be  used   for  a  municipal                                                                    
operating budget.  It was  a struggle in  the early  days to                                                                    
form the  North Slope Borough.  Forty years ago  the borough                                                                    
was sued  by the State  of Alaska  and by the  oil companies                                                                    
and was  told it was  not capable of governing.  At present,                                                                    
the  borough  was  operating well.  The  borough  had  built                                                                    
schools,  roads, airports,  and utilities  with its  wealth.                                                                    
Additionally,  it paid  for services  that in  other regions                                                                    
were  provided by  the  state. He  listed  examples such  as                                                                    
search  and rescue,  police,  and  wildlife management.  The                                                                    
departments of  the North Slope Borough  cooperated with the                                                                    
state, saving the state time  and resources. The borough had                                                                    
kept property taxes lower than  the state cap. Over the past                                                                    
34 years the lower rate  amounted to about $1 billion return                                                                    
to the state. He affirmed that  the borough did this to be a                                                                    
good  partner.  The  borough's  intent  was  to  retain  the                                                                    
current mill  rate. However, the  bill gave the  borough the                                                                    
flexibility  to  move  revenue  from  debt  service  to  the                                                                    
operating  budget.  The borough  no  longer  needed as  much                                                                    
revenue  for  debt services.  It  needed  funds to  maintain                                                                    
existing  infrastructure. He  requested the  support of  the                                                                    
committee to advance HB 379.                                                                                                    
                                                                                                                                
Senator  Meyer   indicated  that  there  would   be  further                                                                    
questions on the bill.                                                                                                          
                                                                                                                                
HB  379  was  HEARD  and   HELD  in  committee  for  further                                                                    
consideration.                                                                                                                  
                                                                                                                                
ADJOURNMENT                                                                                                                   
10:50:29 AM                                                                                                                   
                                                                                                                                
The meeting was adjourned at 10:50 a.m.                                                                                         

Document Name Date/Time Subjects
CSHB 297(FIN) AHFC Fact Sheet.pdf SFIN 4/16/2014 9:00:00 AM
HB 297
HB 293 - Explanation of Changes.pdf SFIN 4/16/2014 9:00:00 AM
HB 293
HB 293 - List of specialty plates 5 yrs.pdf SFIN 4/16/2014 9:00:00 AM
HB 293
HB 293 - Sectional Analysis.pdf SFIN 4/16/2014 9:00:00 AM
HB 293
HB 293 - Statutes affected by bill.pdf SFIN 4/16/2014 9:00:00 AM
HB 293
HB 293 - Sponsor Statement.pdf SFIN 4/16/2014 9:00:00 AM
HB 293
HB 293 - Sample Photo.pdf SFIN 4/16/2014 9:00:00 AM
HB 293
Changes to HB 263 HHSS.pdf SFIN 4/16/2014 9:00:00 AM
HB 263
HB 263 Foodbank letter of support.pdf SFIN 4/16/2014 9:00:00 AM
HB 263
HB 263 SBP Demographics.pdf SFIN 4/16/2014 9:00:00 AM
HB 263
HB 263 letter of support CC.pdf SFIN 4/16/2014 9:00:00 AM
HB 263
HB 263 SBP Fact Sheet (01-31-14).pdf SFIN 4/16/2014 9:00:00 AM
HB 263
HB 263 Sponsor Statement.pdf SFIN 4/16/2014 9:00:00 AM
HB 263
HB220 Response Rep. Higgins to HFIN.pdf SFIN 4/16/2014 9:00:00 AM
HB 220
HB263 AARP Support.pdf SFIN 4/16/2014 9:00:00 AM
HB 263
HB263 Agenet Letter.pdf SFIN 4/16/2014 9:00:00 AM
HB 263
HB263(2014) letter of support.pdf SFIN 4/16/2014 9:00:00 AM
HB 263
HB 204 - Alaskan-Seafood-Processing-Effluent-Guidelines-Notice-of-Data-Availability-Factsheet.pdf SFIN 4/16/2014 9:00:00 AM
HB 204
HB 204 - DCCED Presentation.pdf SFIN 4/16/2014 9:00:00 AM
HB 204
HB 204 - DOR Qualified Equipment.pdf SFIN 4/16/2014 9:00:00 AM
HB 204
HB 204 - Letters of Support.pdf SFIN 4/16/2014 9:00:00 AM
HB 204
HB 204 - Sponsor Statement.pdf SFIN 4/16/2014 9:00:00 AM
HB 204
HB204 - DOR 2013 Annual Report Page 19.pdf SFIN 4/16/2014 9:00:00 AM
HB 204
HB204 - DOR Data on Fishery Business Tax Credits.pdf SFIN 4/16/2014 9:00:00 AM
HB 204
HB379 Sectional Analysis.pdf SFIN 4/16/2014 9:00:00 AM
HB 379
HB379 Sponsor Statement.pdf SFIN 4/16/2014 9:00:00 AM
HB 379
HB379 Summary of Changes ver A to ver U.pdf SFIN 4/16/2014 9:00:00 AM
HB 379
HB379 Supporting Documents - Letter NSB.pdf SFIN 4/16/2014 9:00:00 AM
HB 379
HB 308 Letter of Support 1.pdf SFIN 4/16/2014 9:00:00 AM
HB 308
HB 308 Letter of Support 2.pdf SFIN 4/16/2014 9:00:00 AM
HB 308
HB 308 Letter of Support.pdf SFIN 4/16/2014 9:00:00 AM
HB 308
HB 308 Presentation by the Division of Banking and Securities.pdf SFIN 4/16/2014 9:00:00 AM
HB 308
HB 308 Sponsor Statement v 1.pdf SFIN 4/16/2014 9:00:00 AM
HB 308
HB 361 - CCEIBISEChildrenAutism4 - provided by Suzanne Letso.pdf SFIN 4/16/2014 9:00:00 AM
HB 361
HB 361 - Connecticut cost comparison - Suzanne Letso.pdf SFIN 4/16/2014 9:00:00 AM
HB 361
HB 361 - Jacobson and Mulick Behavioral Interventions Cost Benefit for early behavioral intervention abstract.pdf SFIN 4/16/2014 9:00:00 AM
HB 361
HB 361 - Letter of Support AKABA Position Statement.pdf SFIN 4/16/2014 9:00:00 AM
HB 361
HB 361 - Letter of Support AKABA Position Statement.pdf SFIN 4/16/2014 9:00:00 AM
HB 361
HB 361 - Letters of Support - combined.pdf SFIN 4/16/2014 9:00:00 AM
HB 361
HB 361 Sponsor Statement.pdf SFIN 4/16/2014 9:00:00 AM
HB 361
HB 361 Sectional Analysis.pdf SFIN 4/16/2014 9:00:00 AM
HB 361
CSHB 116-Explanation of Changes.pdf SFIN 4/16/2014 9:00:00 AM
HB 116
HB 116 Sponsor Statement.pdf SFIN 4/16/2014 9:00:00 AM
HB 116
HB 116 Supporting Document- James Baisden March 15th 2013.pdf SFIN 4/16/2014 9:00:00 AM
HB 116
HB 116 Supporting Document Letter Eric Spitzer.pdf SFIN 4/16/2014 9:00:00 AM
HB 116
HB 116 Supporting Document Letter James Sears.pdf SFIN 4/16/2014 9:00:00 AM
HB 116
HB 116 Supporting Document Letter John Brown.pdf SFIN 4/16/2014 9:00:00 AM
HB 116
HB 116 Supporting Document Letter Kenneth Acton.pdf SFIN 4/16/2014 9:00:00 AM
HB 116
HB 116 Supporting Document Letter Marc Clowder.pdf SFIN 4/16/2014 9:00:00 AM
HB 116
HB 116 Supporting Document Letter Mathew Dobson.pdf SFIN 4/16/2014 9:00:00 AM
HB 116
HB 116 Supporting Document Letter Vance Peronto.pdf SFIN 4/16/2014 9:00:00 AM
HB 116
HB 116 Supporting Document Letter Vance Peronto.pdf SFIN 4/16/2014 9:00:00 AM
HB 116
HB 116 Supporting Document-APOA Letter of Support for February 2014.pdf SFIN 4/16/2014 9:00:00 AM
HB 116
HB 116 Supporting Document-David Denslow March 15th 2013.pdf SFIN 4/16/2014 9:00:00 AM
HB 116
HB 116 Supporting Document-PSEA Position Paper Feb 18 2013.pdf SFIN 4/16/2014 9:00:00 AM
HB 116
HB 116 Supporting Document-PSEA Position Paper Feb 18 2013.pdf SFIN 4/16/2014 9:00:00 AM
HB 116
House Bill 116-Updated Sectional Summary.pdf SFIN 4/16/2014 9:00:00 AM
HB 116
SB 48 - effected employers.PDF SFIN 4/16/2014 9:00:00 AM
SB 48
SB 48 - Employers impacted by salary floor.PDF SFIN 4/16/2014 9:00:00 AM
SB 48
SB 48 - muni bankruptcy.PDF SFIN 4/16/2014 9:00:00 AM
SB 48
SB 48 - Sponsor Statement.docx SFIN 4/16/2014 9:00:00 AM
SB 48
HB 121 Sectional Analysis 28-LS0491Y.pdf SFIN 4/16/2014 9:00:00 AM
HB 121
HB 121 Support Letters.pdf SFIN 4/16/2014 9:00:00 AM
HB 121
Email Repsonse from Div. Corp,Busi, & Prof Licensing.pdf SFIN 4/16/2014 9:00:00 AM
HB 160
HB 160 Legal Opinion.pdf SFIN 4/16/2014 9:00:00 AM
HB 160
HB160 Sectional Analysis - Legal.pdf SFIN 4/16/2014 9:00:00 AM
HB 160
HB160 Sectional Analysis.pdf SFIN 4/16/2014 9:00:00 AM
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HB160 Sponsor Statement.pdf SFIN 4/16/2014 9:00:00 AM
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HB160 Supporting Documents- Athletic Trainer Profession Sheet.pdf SFIN 4/16/2014 9:00:00 AM
HB 160
HB160 Supporting Documents- Athletic Trainers Fact Sheet.pdf SFIN 4/16/2014 9:00:00 AM
HB 160
HB160 Supporting Documents- Letter ASAA 2-21-14.pdf SFIN 4/16/2014 9:00:00 AM
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HB160 Supporting Documents- Letter Daniel Esparza 2-21-14.pdf SFIN 4/16/2014 9:00:00 AM
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HB160 Supporting Documents- Letter Dennis Sorenson 2-21-14.pdf SFIN 4/16/2014 9:00:00 AM
HB 160
HB160 Supporting Documents- Letter John Jessen 2-21-14.pdf SFIN 4/16/2014 9:00:00 AM
HB 160
HB160 Supporting Documents- Letter John Snead 2-21-14.pdf SFIN 4/16/2014 9:00:00 AM
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HB160 Supporting Documents- Letter Kathleen Navarre 2-20-14.pdf SFIN 4/16/2014 9:00:00 AM
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HB160 Supporting Documents- Letter Michael Vincent 2-21-14.pdf SFIN 4/16/2014 9:00:00 AM
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HB160 Supporting Documents- Letter of Support NATA.pdf SFIN 4/16/2014 9:00:00 AM
HB 160
HB160 Supporting Documents- Letter Ryan Theuer 2-21-14.pdf SFIN 4/16/2014 9:00:00 AM
HB 160
HB160 Supporting Documents-AATA Letter.pdf SFIN 4/16/2014 9:00:00 AM
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HB160 Supporting Documents-Letter of support NWATA.pdf SFIN 4/16/2014 9:00:00 AM
HB 160